AAJ 13.3% 1.3¢ aruma resources limited

The near and distant future, page-4

  1. 2,162 Posts.
    lightbulb Created with Sketch. 178
    Sadly I can see this heading lower, maybe .004.
    Dilution, and the fact that the raising really has not injected much cash at all..just a bit to bide the time.
    Agree need to see a more on a working modal for SlateDam, but after a lot of research, I personally feel it is too low a grade to be economic, it would take many many millions to continue on exploration,
    All in all, not hard to see one but why the share price is where it is, with very little support interest.
    Wish I could put a positive but can't, except to say, this is a difficult and costly industry , and sure bod have tried.
    Over the years many many of these types vanish in to thin air.Hope can pull out a rabbit from the ....
    drifta
    Last edited by drifta: 13/03/19
 
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